BIRCH RUN CAPITAL ADVISORS, LP Information

1350 BROADWAY SUITE 2412, NEW YORK, New York, 10018, (212) 433-1980

Report Date: 12/31/2014

Position Statistics

Total Positions 20
New Positions 0
Increased Positions 3
Decreased Positions 3
Positions with Activity 6
Sold Out Positions 3
Total Mkt Value (in $ millions) 405

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials 0%
Capital Goods 4.47%
Conglomerates
Consumer Cyclical 10%
Consumer/Non-Cyclical 3.63%
Energy 0%
Financial 5.54%
Healthcare
Services 75.98%
Technology
Transportation
Utilities

3 INCREASED Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
WALTER INVT MGMT CORP COM 107,204 27,025 33.71 6,704,436
ALICO INC COM 12,332 1,129 10.08 241,605
RETAIL OPPORTUNITY INVTS CORP COM 2,434 1,191 95.84 135,000